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20121130
20121130
STATION
CNBC 9
LANGUAGE
Search Results 0 to 8 of about 9
CNBC
Nov 30, 2012 4:00am EST
on december 7th. they priced the range at the moment of their indicative range. it will be a 3.1 u.s. billion dollar ipo and that would be hong kong's largest in about two years. looking at some of the other markets, the kospi finished with somes losses down 0.1%. asx finishing up 0.6%. let's get over to the november performances because it was a pretty good showing for the month. nikkei of course the outperformer. kelly mentioned the yen. it has been weakening against the u.s. dollar and that has been providing a lot of support. also directly related to politics in japan. this has been in focus over the last month or so. opposition leader expected to be the next prime minister when the country votes. so he has been talking about a lot of aggressive monetary easing and talking about an inflation target of about 2%. so stocks have really been on a roll. the kospi finishing up with just about 1.1% gain in november. we have the asx finishing just slightly lower about a quarter of a percent. and the hang seng continues to win finishing i believe a third month of gains up 1.8% in the month of nove
CNBC
Nov 30, 2012 12:00pm EST
the -- in the u.s. to grand bargain and we see growth begin to accelerate the second half of the year, overall 2 1/2% growth, and the emerging economies continue to come back, we're more optimistic i think, pete, on that happening. we think the combination of the two creates a great underpinning for material -- the material sector in general and that is one reason we're positive on that particular sector. >> this time last year we sat here and every investor and everybody, every manager was wore bitd europe and what it would look like in 2012. i haven't heard you mention europe once in this conversation. >> right. >> are we past the crisis point and past the point where it is a major headwind for the market moving forward? >> we are worried about europe. we think next year at best you see for europe overall zero percent growth with southern europe still in a recession. but we don't -- we think it is stabilized. we think the ecb is forced to do more easing which will put again more of an underpinning under it. but look. we're under weight. we like equities. we like emerging market equities. we're u
CNBC
Nov 30, 2012 4:00pm EST
because the underlying fundamentals in the u.s. economy are clearly improving, and you also have a stabilization or soft landing happening in china at the same time. >> david kelly, what do you want to be doing here? what's your strategy for the fiscal cliff? do you think we go over it, and what do you want to do? >> for a long-term investor, you don't try and play this one. i agree with stephanie about the market probably going higher once they get a resolution. they will get a resolution. it's possible it could go into early january. i still think they're more likely to get a resolution done before the end of the year. either way, they'll get a resolution done. when that happens, then we'll resort to looking at the u.s. economy, which is strengthening a bit here. also, the extreme and relative valuations between high-quality fixed income and equities will push money towards equities. i would not run for cover here because of the volatility. i think you just have to, you know, hold your ground through this and hope that the market moves higher next year. >> bob, this activity at
CNBC
Nov 30, 2012 9:00am EST
. china was down. they did have tremendously difficult comparisons. u.s. was also weaker. this was just not a good quarter. >> that's true. >> so ubs goes to neutral and trims estimates and cuts price target from 84 to 73. they say that deceleration is going into q-2. >> yum we're not that crazy about. chipotle. panera is a standout. this has been a terrific group. it lost its luster. entire quick serve contingent has become a place that people are worried about with the exception of highest value. panera. it's a decent stock. >> what's also surprising about what young came out with last month is they were talking about china. they weren't overly cautious about china. at the same time we've been getting better and better data points when it comes to china. economic data has been in fact turning. we haven't seen the stock market in china join and now we're not seeing it in yum. yum had once been the big multinational china play. if yum can't make it work, what other companies will we start to look at? will we look at nike or another multinational with a decent amount of growth from sales
CNBC
Nov 30, 2012 1:00pm EST
allow the u.s. economy to fall off the fiscal cliff, 2 million jobs will be lost. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd
CNBC
Nov 30, 2012 6:00am EST
. #. >>> if we go over the fiscal cliff, global business travel association estimates that u.s. biz travel spending will take a $20 billion hit in the short term. but how about the long term outlook? find out next. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. >>> what are the long term effects for business travel if the economy falls off the fiscal cliff? the gbta predicts the reduced deficits and lower interest rates will lead to growth in the economy and an increase in business travel spending. >>> welcome back. now to the weather channel. reynolds wolf is standing by. what is happening around the country today? >> the story is all west. everything is taking place out west. rain, some strong winds, even some snow. some places snow getting up to arou
CNBC
Nov 30, 2012 6:00pm EST
they have? >> exactly. so 350 million u.s. dollars go through the ariba network oh and every day. but it's an addressable market of 8 trillion u.s. dollars. so you're connecting buyers and sellers in a global business network. what does that do for the customer? i got everybody competing for my business. i'm going to get a lower price point. >> okay. i get that. now, our friend peter mcclausen, i'm sure you know, he brought in sap and we were always anxious to have it done fast. we made a series of acquisitions. sometimes they just can't call you and have it be done in a day, can they? >> here's the deal. the days of sold implementations have radically changed. why? because you can put it on the cloud. so many companies today are going to innovate at the edge of the enterprise for their people, their suppliers, their customers or their money. and they'll innovate on the edge of the enterprise in the cloud. or some company, small, mid size as an example and some large once will run their entire company, either a public or private cloud. the good thing about sap is we can run an entire com
CNBC
Nov 30, 2012 3:00pm EST
subjective. it depends on your finances and your surroundings. new research gives us some averages. in the u.s., the optimal salary for happiness is around $75,000. now, once you get to that level, more income doesn't bring much added happiness. for wealth, americans say they need about $1 million in total assets to feel wealthy. millionaires, they say they need at least $5 million to feel wealthy. the more you have, the more you need. that's true around the world as well. new data shows that globally people need income of $161,000 a year to feel truly happy. people in dubai and singapore, they needed the most since they have very heavy concentrations of millionaires in those countries. germans, they needed the least to feel happy. people in dubai and singapore needed more than $2.5 million to feel wealthy. these numbers are higher than the u.s. since they surveyed wealthier people. all of which shows that wealth, like happiness, is relative. i bet that lottery winner, he's rich and happy by just about any measure. back to you. >> yeah, i mean, wouldn't you be? >> well, you know, i'm like that
CNBC
Nov 29, 2012 7:00pm EST
technical reasons to buy 45 billion more of u.s. treasury securities. that's 85 billion, that would be another $1 trillion in the american pump priming money supply after they've already done close to $2 trillion already. so we're at $3 trillion rising toward 3.5 trillion. here's my question. this stuff is not getting into middle america. like, to me, what the fed is doing is they're really helping the big new york wall street banks, helping them buy commodities, stocks, currencies, i don't see this pardon the phrase trickling down to main street community banks, small businesses. it's all sitting on reserve at these banks and the fed. it hasn't done a lick of good, lee hoskins. i agree. i don't see any reason why a bank or particularly a large bank at this point, a large banking institution, would want to step out and do some aggressive wh the rules are, they bankers. they've been hammered by the regulators. as far as trickling down and getting money supply. it's not there. if the fed really wanted to help the economy, it would look more carefully at why the link with borrowing and
Search Results 0 to 8 of about 9